Cetera Investment Advisers Sells 27,081 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Cetera Investment Advisers decreased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 10.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 235,622 shares of the company’s stock after selling 27,081 shares during the quarter. Cetera Investment Advisers owned about 0.20% of Invesco Russell 1000 Dynamic Multifactor ETF worth $12,368,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Security National Bank bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter valued at about $58,000. LM Advisors LLC acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter valued at $33,384,000. Able Wealth Management LLC bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter worth $1,478,000. Integrated Advisors Network LLC boosted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 17.2% during the fourth quarter. Integrated Advisors Network LLC now owns 15,134 shares of the company’s stock worth $778,000 after buying an additional 2,225 shares in the last quarter. Finally, ICA Group Wealth Management LLC bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at $159,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 0.9 %

BATS:OMFL opened at $53.03 on Friday. The stock’s 50 day simple moving average is $51.28 and its 200-day simple moving average is $52.27. The company has a market cap of $6.21 billion, a P/E ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were paid a dividend of $0.1083 per share. The ex-dividend date was Monday, September 23rd.

Invesco Russell 1000 Dynamic Multifactor ETF Profile

The Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large-cap stocks selected by a combination of five investment factors, which are weighted based on current macroeconomic conditions. OMFL was launched on Nov 8, 2017 and is managed by Invesco.